‘The National Bio Entrepreneurship Competition’ is a nationwide competition inviting path breaking, revolutionary and scalable business ideas in the Life Sciences domain spanning:
- Healthcare including drug discovery and development, vaccines, diagnostics, medical devices, digital health, healthcare IT, regenerative medicine
- Agri-biotech including food, nutraceuticals, soil health, plant-based therapeutics
- Animal health
- Industrial biotech including clean and renewable energy.
The National Bio Entrepreneurship Competition is organised by BREC - a joint entrepreneurship development centre of BIRAC and C-CAMP.
Format of the competition
‘The National Bio Entrepreneurship Competition’ campaign will reach out to aspiring entrepreneurs, start-ups and established companies across India. A ‘Call for Applications’ will be announced through various media. Applicants will have to apply online in the prescribed format. A Panel of Experts from industry, academia and investor community will review the proposals and shortlist the top 50 - 75 business ideas.
The shortlisted applicants will be invited to make a presentation to a Jury. These will be held in 3 or 4 cities across the country. The Jury will select the Top 20 business ideas in this round.
The Top 20 selected contestants and up to 2 team members will attend a 3-day residential Entrepreneurship Development boot camp at C-CAMP, Bengaluru, which will train them to formulate, develop and commercialize their ideas. At the end of the boot camp, the contestants will make their Business Plan presentation before a Grand Jury which will select the winners of the National Bio Entrepreneurship Competition.